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Kathy Hochul is a public sector millionaire, complete with blind trusts and almost $500,000 a year in taxpayer funded salary and benefits. But she’s never spent a day in the private sector, or created a job.
Chris Collins is a small business owner who has spent his career creating or saving over 500 American jobs in the private sector. And, when he was in office, he worked for a dollar a month until taxpayers got results. We could use some of that thinking in Washington, DC.
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Answer: D - 5 years.
From 1994 - 2007, Kathy earned an average of $18,804 on the Hamburg Town Board. In 2003, Kathy received a plum patronage appointment as the Deputy County Clerk, which paid over $90,000 in 3 of the five years (‘05, ‘06 & ‘07), and earned between $68,000 and $89,000 in ‘03 & ‘04.
(Source: Erie County Budget, 2003 - 2007; Hamburg Town Budget, 1994 - 2007).
Hochul continued to take and receive both salaries from 2003 - 2007, until she was elected to her next taxpayer funded job as the Erie County Clerk.
Kathy Hochul earns $174,000 per year as a member of Congress. On top of that, her benefit package tops out at $110,000 per year. In addition, Kathy’s husband - a top Obama Administration official - makes approximately $139,000 per year, and a benefit package worth an additional $62,000 per year.
The total taxpayers are paying to fund the Hochul’s lifestyle - slightly more than $475,000 per year.
(Source: The Heritage Foundation, Members of Congress Earn Big Salaries, Fringe Benefits, http://goo.gl/9VgFY
USA Today “Government Jobs: Bloated Pay, Benefits Cost Us All, 7/6/2010; http://goo.gl/KDFRA
Only an exclusive few residents in the 27th district have trust funds, and fewer are lucky enough to have “blind trusts”. But not Kathy Hochul. Despite her rhetoric, Kathy lives better than most - mainly as a result of her career spent on the public dime. She actually has 2 blind trusts. We don’t know how much they are worth, because she refuses to tell us.
Source: Clerk of the House, Kathy Hochul PFD, goo.gl/HUIhY; The Buffalo News, 8/15/2012, Hochul Releases Tax Returns.
Answer: D. Despite her rhetoric, Kathy Hochul is actually in the top 1.5% of Americans in terms of wealth and income. In fact, according to her Personal Financial Disclosure, Kathy Hochul, after a career spent receiving taxpayer funded paychecks, is worth between $1 million and $2.3 million. (And that doesn’t include the undisclosed value of her blind trusts).
Source: Clerk of the House, Kathy Hochul PFD, goo.gl/HUIhY
Kathy Hochul has spent nearly her entire career on the public payroll. And for the little time she wasn’t collecting a taxpayer paycheck, Kathy worked as a DC lobbyist.
Kathy has never owned or managed a company, or created a job in the private sector.
Maybe that’s why she has said” “My life? It’s all about politics and my family. That’s all I do”.
Source: “Talking the talk, walking the walk,” The Buffalo News, April 27, 2008; Public Employment Records;